Exercise 9-5 (Part Level Submission) Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2019, at a cost of $279,842. Over its 4-year useful life, the bus is expected to be driven 162,600 miles. Salvage value is expected to be $8,300 (a) Your answer is correct. Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g. 0.50. Depreciable cost per unit 1.67 per mile SHOW SOLUTION SHOW ANSWER LINK TO TEXT VIDEO: APPLIED SKILLS Attempts: 1 of 3 used Prepare a depreciation schedule assuming actual mileage was: 2019, 40,600; 2020, 42,000; 2021, 49,000; and 2022, 31,000. (Round cost per unit to 2 decimal places, e.g. 15.25 and all other answers to 0 decimal places, e.g. 5,275) End of Year Annual Depreciation Units of Depreciable Accumulated Depreciation Book Value Year ActivityCost /Unit Expense 2019 2020 2021 2022 Attempts: 0 of 3 used